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Windows Central
Windows Central
Technology
Kevin Okemwa

OpenAI plays into Elon Musk's hands, ditching for-profit plan — but Sam Altman doesn't have Microsoft's blessing yet

Kevin Scott, executive vice president of AI and chief technology officer of Microsoft Corp., right, and Sam Altman, chief executive officer of OpenAI.

Over the past few months, OpenAI has been trying to evolve into a for-profit entity, especially after raising $40 billion in its latest round of funding, which pushed its market capitalization to $300 billion.

Aside from investor pressure, OpenAI wanted to evolve into a for-profit entity to avoid outsider interference and hostile takeovers. Interestingly, market analysts and experts claim Microsoft could acquire OpenAI within 3 years as investor interest in the landscape fades, prompting them to channel their funds elsewhere.

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